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Operations

Holly Energy Partners is committed to safe, reliable operations of its logistics assets, increasing distributable cash flow per unit, and growing our business. Operating a system of petroleum product and crude gathering pipelines in Texas, New Mexico, Oklahoma and Utah, distribution terminals in Texas, New Mexico, Arizona, Utah, Idaho, Oklahoma and Washington and refinery tankage in New Mexico, Kansas, Wyoming, Nevada and Utah, we'll work to achieve that end through the following strategies:

Generate stable cash flows through revenue from transporting refined products and other hydrocarbons through our pipelines and terminals, and providing storage as well as other services at our terminals. Since we do not take ownership of products that we transport or terminal, we're not directly exposed to changes in commodity prices. Our 15-year pipelines and terminals agreements with HollyFrontier and Alon USA ("Alon") guarantee revenue, and the fee-based nature of our business and long-term nature of our contracts is anticipated to yield stable cash flows.

Increase our pipeline and terminal throughput without significant capital expenditures. We have the capacity for increased pipeline and terminal usage, an expected result of the expansion of HollyFrontier's Navajo and Woods Cross Refinery as well as HollyFrontier's acquisition of the Tulsa Refinery, storage facilities at HollyFrontier's El Dorado, KS and Cheyenne, WY Refineries and growing demand for light refined products in our markets. Strategically positioned within HollyFrontier's supply chain, we expect all barrels going to distant markets to be transported on our pipelines due to these expansions. Anticipating future increased demand, the infrastructure needed for further expansion is already in place.

Undertake economic construction and expansion opportunities as we continually evaluate ways to increase our asset base. We will consider extending our existing refined product pipelines or constructing new pipelines and terminals to meet rising demand in high-growth areas of the Southwest, Rocky Mountain and Mid Continent regions of the U.S.

Pursue strategic and accretive acquisitions that complement our existing asset base, independently and with HollyFrontier. Future acquisition targets may include assets to be directly integrated into our existing refined product distribution chain--such as pipelines, terminals, and qualified processing assets--or acquisitions of related businesses.

View our map of operations.

Page last updated: 8/22/13